Stock World News

August 5, 2018

Micron Stock Could Rally Into the Upper $70s

Micron Technology, Inc. (MU) has defied gravity in recent months, with shares gaining more than 46% so far in 2018 despite fears of a cyclical top […]
August 5, 2018

Apple Stock: Traders Should Wait for $170 to Buy

Apple Inc’s (AAPL) fiscal second quarter earnings report on May 1 relieved anxious shareholders who were bombarded with bearish reports of slowing sales for two months leading into the release. […]
August 5, 2018

Micron Showing Potential Double Top Ahead of Earnings

Semiconductor giant Micron Technology, Inc. (MU) has had a volatile ride so far in 2018. The stock dipped to its 2018 low of $37.52 on Feb. […]
August 5, 2018

Almost Time to Sell Twitter Stock

Twitter, Inc. (TWTR) stock rallied to a three-year high in the low $40s on Monday but is quickly approaching resistance that’s likely to trigger a multi-month […]
August 4, 2018

America Has Become the United States of Amazon

Amazon.com, Inc. (AMZN) has more than 100 million Prime members and will likely see continued membership growth, even with a higher Prime fee. Effective June 16, […]
August 4, 2018

Adobe Reports in an 'Inflating Parabolic Bubble'

Adobe Systems Incorporated (ADBE) provides software for graphic design, publishing and print production, with most of its applications delivered in the company’s “Creative Cloud.” The stock closed Tuesday, […]
August 4, 2018

Has Amazon Stock Topped Out?

Amazon.com, Inc. (AMZN) posted a bearish outside day on Thursday, dropping off an all-time high at $1,763.10. Higher-than-average selling volume predicts even lower prices or a […]
August 4, 2018

Learning From AMD's Massive Move

In early April, I tweeted about the potential breakdown of Advanced Micro Devices, Inc. (AMD) stock from its 15-month bull flag and its potential implications for the stock. […]
August 3, 2018

Stock Market Rally Continues Despite Rising Risk

Strong second quarter earnings reports helped offset weakness in last month’s jobs report and China’s retaliatory tariffs. Non-farm payrolls came in at just 157,000 in July, which was […]
August 3, 2018

Sun Pharma Leading India's Pharma Sector

For most Nifty Indexes, the largest components have a very large weighting on index performance, and Nifty Pharma is no exception. Sun Pharmaceutical Industries Limited (SUNPHARMA.BO) represents […]